Technology

PwC Survey Results On AI, Business & More

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PwC Survey Results On AI, Business & More

A PwC survey found that a small group of companies is generating significant financial returns from AI, while most businesses remain in pilot mode. The top-performing companies use AI as a catalyst for growth and business reinvention.

A recent PwC survey of 1,217 senior executives across 25 sectors found that nearly three-quarters of AI's economic value is captured by just one-fifth of organisations. The top-performing companies are using AI to drive growth and business reinvention, rather than just deploying more AI tools. They are pursuing new revenue opportunities created by industry convergence and building strong foundations around data, governance, and trust. The financial services sector is performing better than average, but still lags behind the top AI leaders. The survey found that capturing growth opportunities from industry convergence is the strongest factor influencing AI-driven financial performance. Companies leading on AI are 2.6 times as likely to report AI improves their ability to reinvent their business model.

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